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General contractors and residential builders report most reliable payment, but cash flow problems persist for everyone in the industry, according to Levelset's 2021 Construction Cash Flow & Payment Report.
Profiles on 23,000 subcontractors in the U.S. indicate how likely individual subcontractors are to pay their suppliers, therefore avoiding potential time-consuming and costly liens on building projects
If you're a construction company in California with 5 or more employees, you're now required to provide sexual harassment training to employees. Join us this Thursday for a special training from top e
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mployment construction lawyer JoLynn Scharrer from Hunt Ortmann, Attorneys At Law.
Save your spot
Improving your construction business' cash flow takes discipline, consistency, and healthy practices. These 5️⃣ tips can help you get started on your journey toward having more on hand.
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f="https://www.facebook.com/hashtag/constructionfinance" target=\"_blank\">#constructionfinance #constructionmanagement #constructiontips #contractortips #generalcontractor #specialtycontractor
Storm season has officially begun for those living in the Southern US and Mexico — and it's not slated to be an easy one. Here are some things to know:
⏰ Early preparation is key as material and
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labor shortages could hit harder this year than years before
️ Federal initiatives encourage new construction standards in anticipation of storm damage rebuilding
✍️ Contract understanding is crucial in light of severe weather
Prequalification is a must with "storm-chasing" contractors lurking
Learn more about what to expect this storm season from our team of experts:
#restorationcontractor #hurricaneseason #preparedness #constructionbusiness #contractor #specialtycontractor
With a heat wave across the country, many of us are reaching for the thermostat. So it's a good day to celebrate the HVAC technicians that keep homes and businesses comfortable and healthy all year ro
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und.
Since the HVAC industry is expected to grow by $20 billion by 2030, we put together a guide to help technicians who want to make the jump to owning their own business. How can you take your industry expertise and add business savvy? Start here:
#NationalHVACTechDay
We surveyed 500+ #contractors to figure out what works when it comes to getting paid on time and in full. Here are a few th
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ings we found:
✅ Larger #construction businesses are six times more likely to always prequalify customers.
Bigger companies are 30% more likely to send preliminary notices.
⚖️ More than 80% of big construction companies would send a notice of intent to #lien or file a mechanics lien if #payment was late.
Large contractors have similar approaches to getting paid, but many smaller companies aren't yet following in their footsteps. Don't let that be you. Read more from our team of payment experts:
#constructionfinancialmanagement #constructionbusiness #generalcontractor #subcontractor #specialtycontractor
New Payment Academy course empowers construction payment professionals with skills to manage and grow their business' bottom line
We're excited to bring you a free college-level course about the basics of financial management in construction — from the guy who literally wrote the book on the subject.
Begin your certification
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now:
#constructionmanagement #constructionaccounting #constructionfinancialmanagement
Blueprint, Levelset's weekly round-up of our top stories from the #construction ...
finance" target=\"_blank\">#finance industry, keeps you informed for better decision making. This week's edition features stories from Construction Dive, Wolf Street, and CNBC Squawk on the Street.
Subscribe today
Florida lawmakers backed by Gov. Ron DeSantis recently passed a law that would dismantle Disney World's effective self-governance — But taxpayers would become financially responsible for certain
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href="https://www.facebook.com/hashtag/construction" target=\"_blank\">#construction projects, which could potentially also impact what jobs would get approved for contractors to work on.
#Disney #ReadyCreek #DeSantis
Product Manager Ashley Clark recently joined our Procore Technologies colleagues for a job site visit in Austin.
Hands-on learning opportunities help our teams better understand the daily challenges
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of contractors so that we can work to fulfill the mission of improving the lives of everyone in #construction.
Residential jobs are more than twice as likely to pay within 30 days than public jobs, but prompt payment is reliant on strong interpersonal skills, according to the 2022 Levelset Cash Flow & Payment Report
Levelset @levelsetnow With hurricane season approaching, #Florida #restoration contractors should be prepared in the event of more… https://t.co/GrMa1Ax6hv
Levelset @levelsetnow “For months, concrete companies have used their control over Seattle’s concrete industry to drag out negotiations,… https://t.co/erZ8eKN1Wd
Levelset @levelsetnow For subcontractors looking to work with Mayer Building Company (MBC), it’s helpful to research the company’s histor… https://t.co/ULSMbrD41V
Levelset @levelsetnow Though development of the new Mountain View campus reportedly cost Google subsidiary Planetary Ventures, LLC $200M+… https://t.co/5KxG3YbYIC
Levelset @levelsetnow Once #Utah #SB119 goes into effect in May 2022, contractors hired by tenants should be aware of the limitations of… https://t.co/53NDJS6Y70
Levelset @levelsetnow Want to help build #Ford's new Blue Oval City #Tennessee facility for producing the next gen of electric vehicles?… https://t.co/TVyidJnMsE
Published by Levelset and authored by Thea Dudley, The Credit Overlord's Guide to Credit & Collections is available today on Amazon as e-book and paperback.
New master class style online course, led by industry veteran Thea Dudley, coaches Credit Managers of all levels to become experts in their craft
Levelset forms a credit management advisory board to help credit and finance departments in the building material supply and construction equipment rental industries.
This publication is the best news source for financial administrators and business owners dealing with the unique challenges and solutions for managing construction payments.
Construction tech company Levelset announces awards to the contractors that make on-time payments and treat their subcontractors and material suppliers fairly
Levelset Partners with Fieldwire to Release the 2020 National Construction Payment Report.
Levelset discounts the price of a mechanics lien by $150 to help all contractors get paid amid coronavirus pandemic.
Construction software that helps contractors get paid, Levelset, connects contractors to its attorney network for free help and advice during the COVID-19 outbreak.
Construction technology company dedicated to making payments easy for contractors is accelerating document exchange across the industry.
While the founders came from different backgrounds, almost all of them had some connection to the construction industry.
Construction professionals now have access to expert help for dealing with complex issues in construction payment.
Levelset profiles designate firms as fast, medium and slow payers
Construction payment data and industry reviews make it possible to get an inside look at how GCs pay and treat their subs.
The New Orleans-based construction-tech company is offering a software sales training program for job seekers new to the technology industry.
Scott Wolfe, CEO of Levelset, discusses the need for technology to incentivize faster B2B payments in the construction space in harmony with regulatory efforts.
Levelset, which makes payments software for contractors and suppliers in the construction sector, has raised $30 million from Horizons Ventures, according to TechCrunch.
Funding was led by Horizons Ventures with participation from S3 Ventures, Altos Ventures, Operating Venture Capital, and Darren Bechtel
Success with the first class of 14 hires leads to a second round of trainees starting in January.
Don't lose your lien rights to a technicality — know what's due and when
Partnership brings together two best-in-class, cloud-based technology platforms that specialize in construction management solutions for subcontractors and other construction industry businesses.
zlien and the Cleveland Metropolitan Bar Association signed a settlement agreement, approved and ordered by the Board on the Unauthorized Practice of Law of the Supreme Court of Ohio, confirming zlien's right to help contractors and suppliers doing business in Ohio.